Real Estate
Construction Costs for Real Estate Projects Increase by 2-4% in 2024: CBRE Report
The construction costs for greenfield real estate projects have witnessed a 2-4% annual increase due to higher input rates, as reported by CBRE. This rise presents challenges and opportunities for developers and investors in the real estate sector.
Real Estate Mumbai
Construction Costs for Greenfield Real Estate Projects Soar 2-4% in 2024
Despite a slowdown from the 6-8% increases observed in 2021-2022, the CBRE report highlights a 2-4% surge in construction costs for greenfield real estate projects in 2024, driven by high input rates and stabilizing market conditions.
Real Estate
2024 Sees a 2-4% Surge in Construction Costs for Greenfield Real Estate Projects
Construction costs for greenfield real estate projects have seen a notable increase of 2-4% in 2024, primarily driven by higher input costs. This surge has significant implications for developers and investors alike.
real estate news
Construction Costs for Greenfield Real Estate Projects Rise by 2-4% in 2024
In 2024, construction costs for greenfield real estate projects are expected to surge by 2-4% due to high input rates, according to CBRE. Understanding these cost variations across different asset types, including homes, offices, warehouses, and retail sp
Real Estate
Greenfield Real Estate Projects See 2-4% Rise in Construction Costs in 2024
Construction costs for greenfield real estate projects in India have increased by 2-4% annually in 2024, according to a recent report by CBRE and ET Real Estate. This rise is attributed to various factors including increased material costs, labor rates, a
Real Estate
Construction Costs for Greenfield Real Estate Projects Rise 2-4% in 2024
Real estate consultant CBRE has released a report titled 'India Construction Cost Trends 2024-25: Navigating Costs in a Transforming Landscape', highlighting a 2-4% increase in construction costs for greenfield real estate projects in 2024.